On the 6th of October Dangote Cement announced its withdrawal of interest in the acquisition of the entire share capital of PPC Limited a South Africa Cement Company.
The Company in a statement sent to the Nigerian Stock Exchange noted that its Board of Directors formally notified the Board of Directors of PPC that it no longer had an interest in acquiring the entire share capital of PPC Ltd.
Dangote Cement had earlier on in September 2017 announced it interest in acquiring the South African cement company with 11 factories scattered all over southern part of Africa.
We will report more details on this as the news gets to us.
The Company in a statement sent to the Nigerian Stock Exchange noted that its Board of Directors formally notified the Board of Directors of PPC that it no longer had an interest in acquiring the entire share capital of PPC Ltd.
Dangote Cement had earlier on in September 2017 announced it interest in acquiring the South African cement company with 11 factories scattered all over southern part of Africa.
We will report more details on this as the news gets to us.
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